News Brief

2/19/2013, Adar 9, 5773

Google Shares Push Past $800 Despite Challenges

Shares of the internet search engine Google pushed past $800 for the first time Tuesday despite a tough new challenge from Microsoft and looming European Union action over alleged privacy violations.
Google's shares hit $804.00 in early trade on the Nasdaq exchange, pushing the company's market valuation to $265 billion, after rising 13 percent from the beginning of 2013 and 33 percent over the past 52 weeks, AFP reported.
Around 11:00 am (1600 GMT) the shares were at $801.71, up 1.1 percent.